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SARS Announces Approval of COVID-19 Disaster Tax Relief Bills

|Approved Changes|South Africa
South Africa

The South African Revenue Service (SARS) has announced the passage of the Disaster Management Tax Relief Bill and the Disaster Management Tax Relief Administration Bill by the National Assembly (parliament) on 25 August 2020. The bills provide for the COVID-relief measures introduced earlier in the year, with some amendments.

One of the main amendments concerns the relief measure allowing bu…

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